Word: quarters
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Dates: during 2000-2009
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...Canada lost 71,000 jobs in November, most of them in the province of Ontario, whose manufacturing sector has traditionally been a primary source of growth and prosperity. The single biggest monthly drop in a quarter-century is unlikely to be an isolated incident, and compares against 533,000 job losses for the same period...
...Bank of Canada's announcement last week that the domestic economy cannot continue to grow in the face of an ever deepening financial crisis comes amid predictions of staggering job losses for the fourth quarter of 2008 and a political crisis in Ottawa...
...Perhaps that question is premature since Canada's economy grew in the third-quarter, so it escaped the technical definition of a recession, which requires two consecutive quarters of shrinkage. But as the economic crisis triggered by U.S. subprime mortgages works its way through the economy, tens of thousands of jobs are being eaten up by a vortex of shrinking demand and plant closures. (See pictures of the recession...
...Excluding this scenario, the Canadian economy is expected to shrink 1.6% in the fourth quarter, on an annualized basis, followed by two consecutive quarters of decline, according to TD Bank Financial Group. After that conditions are expected to improve, but "it's going to be a shallow recovery," says economist Beata Caranci with TD Bank. She expects a contraction of 1.4% for all of 2009, followed by growth...
...after a gubernatorial recount in 1962, has a plan in case of a dead tie: a coin flip. The state already did one this year for a school-board seat in Farmington. Ritchie has been looking around for a good coin for the Coleman-Franken race; he says the quarter with Minnesota on the back is the way to go. "I was watching Leatherheads, the football movie, and you realize there are angles on coin-tossing as well. Who flips it? Who calls it?" By next year, rest assured, Minnesota will have the best coin-flipping law anywhere...